Torque Automotive Private Limited - Company Profile

It is a automotive private limited company based in Ahmedabad, Gujarat, India, established in 2007.
2007 Ahmedabad, Gujarat, India Under Cirp
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About Torque Automotive Private Limited

Torque Automotive Private Limited, a under cirp private limited company, was established on 23 April 2007 in Ahmedabad, Gujarat, India. Engaging in auto dealership & trading within the transport and storage sector, it holds CIN: U40105GJ2007PTC050624. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹7.50 Cr and a paid-up capital of ₹1.62 Cr.

It upholds a compliant status. Employing 220 professional, Its leadership includes Chirag Barot Karansingh (Additional Director), Kuren Manishkumar Amin (Director). Past directors included Harnesh Ishwarbhai Raval, Zankarsinh Kishorsinh Solanki, Ikshit Manish Amin. It holds ₹202.26 Cr open charges and ₹141.95 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 2Nd Floor, Mrudul Tower, B/H. Times Of India, Ashram Road,, Ahmedabad, Gujarat, 380009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U40105GJ2007PTC050624

  • Registration Number

    050624

  • Incorporation Date

    23 April 2007

  • Authorized Capital

    ₹7.50 Cr

  • Paid-Up Capital

    ₹1.62 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Metrics
  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 202.26 Cr
  • Satisfied Charges ₹ 141.95 Cr
  • Revenue Growth **** -3.92%
  • Profit Growth **** 15.32%
  • Ebitda **** 0.25%
  • Net Worth 3.52%
  • Total Assets -9.49%
Company report

Torque Automotive Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Torque Automotive Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Torque Automotive Private Limited?
Current Directors
Name Designation Appointment Date Status
Chirag Barot Karansingh Additional Director 25 Dec 2020 Current
Kuren Manishkumar Amin Director 23 Apr 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Jul 2015 Past
Pramod Abcsdd Additional Director 03 Sep 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past

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Financial Performance of Torque Automotive.

Torque Automotive Private Limited, for the financial year ended 2018, experienced Minor drop in revenue, with a 3.92% decrease. The company also saw a substantial improvement in profitability, with a 15.32% increase in profit. The company's net worth moved up by a moderate rise of 3.52%.

Torque Automotive revenue growth over time
Torque Automotive profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -3.92%
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*******
*******
Revenue from Operations
*******
 -4.02%
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*******
*******
*******
Total Assets
*******
 -9.49%
*******
*******
*******
*******
Profit or Loss
*******
 15.32%
*******
*******
*******
*******
Net Worth
*******
 3.52%
*******
*******
*******
*******
EBITDA
*******
 0.25%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Torque Automotive?

In 2018, Torque Automotive had a promoter holding of 93.29% and a public holding of 6.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,022,592,000.00

Satisfied Charges

₹1,419,475,000.00

Charges Breakdown by Lending Institutions
  • Dena Bank : 112.92 Cr
  • Others : 64.78 Cr
  • State Bank Of India : 20.00 Cr
  • Indiabulls Housing Finance Limited : 4.56 Cr
Latest Charge Details
Date Lender Amount Status
27 Aug 2018 Others ₹3.71 Cr Open
06 Apr 2018 State Bank Of India ₹20.00 Cr Open
07 Feb 2016 Others ₹1.07 Cr Open
07 Jan 2015 Indiabulls Housing Finance Limited ₹4.56 Cr Open
29 Jun 2012 Dena Bank ₹56.46 Cr Open

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How Many Employees Work at Torque Automotive?

Torque Automotive has a workforce of 220 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torque Automotive, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Torque Automotive's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Torque Automotive
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 60.00 Cr registered on 22 Jun 2012 with Charge ID 10429365 was modified on 21 Oct 2022. was recorded as a recent event.

  • Director Appointment

    The activity Chirag Barot Karansingh was appointed as a Additional Director was appointed as a Additional Director on 25 Dec 2020 & has been associated with this company since 5 years 2 months . was completed.

  • Annual General Meeting

    Torque Automotive Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 3.71 Cr with Charge ID 100198527 was registered on 27 Aug 2018. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 100181716 was registered on 06 Apr 2018. was documented.

  • Balance Sheet

    Progress on Torque Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad. was documented.

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Frequently Asked Questions
What is the CIN of Torque Automotive Private Limited?

The CIN of Torque Automotive Private Limited is U40105GJ2007PTC050624.

Where is Torque Automotive Private Limited headquartered?

Torque Automotive Private Limited is headquartered at 2Nd Floor, Mrudul Tower, B/H. Times Of India, Ashram Road,, Ahmedabad, Gujarat, 380009.

When was Torque Automotive Private Limited incorporated?

Torque Automotive Private Limited was incorporated on 23 April 2007.

Who are the current directors of Torque Automotive Private Limited?

The current directors of Torque Automotive Private Limited are

What is the primary industry of Torque Automotive Private Limited?

The primary industry of Torque Automotive Private Limited is Transport And Storage.

Is Torque Automotive Private Limited a listed company?

Torque Automotive Private Limited is unlisted.

What is the capital structure of Torque Automotive Private Limited?

The authorized capital of Torque Automotive Private Limited is ₹7.50 Cr, and the paid-up capital is ₹1.62 Cr.

What is the compliance status of Torque Automotive Private Limited?

The compliance status of Torque Automotive Private Limited is Compliant.

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